SECTORAL POLICIES / Energy

Four Central and Eastern European countries reiterate their concerns about German tax on gas storage neutrality

Brussels, 27/05/24 (Agence Europe)

At the Energy Council on 30 May, the Austrian, Czech, Hungarian and Slovak delegations will present a briefing note, seen by Agence Europe, outlining their concerns about the impact of the German gas storage neutrality tax (‘Gasspeicherumlage’) on prices and energy security in the Central and Eastern European region.

Already mentioned at the previous Energy Council on 4 March (see EUROPE B13363A2), this tax was introduced in Germany in October 2022 to offset the costs of purchasing...